Professor Muhammad Yunus celebrated his 85th birthday today. The Nobel Peace Prize winner was born June 28, 1940 in Bathua village near Chattogram. People around the world mark this date as Social Business Day. His press secretary said the government will not hold any official birthday events. The interim leader prefers to keep the celebration low-key.
Yunus remains Bangladesh's only Nobel laureate after winning the prestigious award for his poverty-fighting work. He created the Grameen Bank to provide small loans to poor people without requiring collateral. His microfinance system helped millions of families escape poverty across rural Bangladesh. The innovative banking model spread to other developing countries. His Grameen Bank also...